Assignment Papers-Conduct a Google search on some of the more spectacular failures in business that have happened over the years.
This week’s discussion is all about failure. Steve Jobs founded NeXT, Thomas Edison created a process for mining iron ore, Richard Branson had several failures with the Virgin Brand (from Virgin Cola to Virgin Music), and the list goes on.
Conduct a Google search on some of the more spectacular failures in business that have happened over the years. Then, discuss the following:
What was the initial innovation that was devised?
Why did it fail?
What happened as a result of the failure – what were the outcomes of the venture?
